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Scroll costing US$8.2m row puts art ambitions of China’s rich on display

Authenticity of calligraphy said to be by poet Su Shi on display at art collector and tycoon Liu Yiqian's newly-opened Long Museum West Bund is disputed by state experts

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Visitors to the newly-opened Long Museum West Bund in Shanghai look at the ancient scroll that cost museum owner Liu Yiqian US$8.2 million. Photo: AFP

With two museums already in his empire, tycoon Liu Yiqian is a would-be Chinese John Paul Getty or Peggy Guggenheim, but a row over the authenticity of a scroll that cost him millions of dollars threatens his artistic legacy.

The work, with nine Chinese characters in black ink reading “Su Shi respectfully bids farewell to Gong Fu, Gentleman Court Consultant”, is the star exhibit at Liu’s newly-opened Long Museum West Bund in Shanghai.

The calligraphy is a mere 28 centimetres long by 10 centimetres wide, but Liu paid US$8.2 million to secure it at a Sotheby’s auction in New York in September.

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A taxi driver turned financier who is now one of the country’s wealthiest people, he is among the new Chinese super-rich scouring the globe for artworks, snapping up objects and driving up prices, some even building their own museums to house their collections.

Shanghai tycoon and collector Liu Yiqian . Photo: SCMP Pictures
Shanghai tycoon and collector Liu Yiqian . Photo: SCMP Pictures
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“Like the Gettys and the Guggenheims and the Whitneys ... there’s a long history of museums in the West and maybe now in China of collectors wanting to make a name for themselves and make a mark on history,” said Clare Jacobson, author of New Museums in China.

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